Hokuriku Gas Adjusts Evaluation Amid Strong Financial Performance and Market Positioning

Hokuriku Gas Co., Ltd., a small-cap player in the gas industry, has recently undergone an adjustment in its evaluation. This revision reflects the company's underlying financial metrics and market position, which have shown notable trends. In the latest quarter ending June 2025, Hokuriku Gas reported a net profit of JPY 3,439.64 million, indicating a strong performance. The return on capital employed (ROCE) reached a noteworthy 4.95%, showcasing effective utilization of capital. Additionally, the company has managed to reduce raw material costs by 7.31% year-over-year, contributing positively to its financial health. The company's debt levels remain low, providing a solid foundation for servicing its obligations. With a return on equity (ROE) of 4.13% and a price-to-book value of 0.35, Hokuriku Gas presents an attractive valuation relative to its peers. Over the past year, the stock has generated a return of 10.20%, with profits soaring by 233.3%. The company also maintains a high dividend yield, further enhancing its appeal. This evaluation adjustment reflects the company's strong fundamentals and market positioning. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.